SWIFT Tests Shows Blockchain Has Potential for Global Liquidity Optimisation
- 8 years 9 months ago
- Blockchain
SWIFT has published an interim report on the proof of concept (PoC) for real-time Nostro reconciliation using a SWIFT-developed distributed ledger technology (DLT) sandbox with 33 global transaction banks, as part of its SWIFT gpi service.
B-Hive Launches Presence in New York
- 8 years 9 months ago
- FinTech StartUps
B-Hive, an innovative collaboration platform connecting financial services players and FinTech startups & scale-ups, has officially opened the doors of its hub in New York City. Along with our community, B-Hive hosted its sold-out launch event at the BNY Mellon offices in New York City’s Financial District on Thursday 12th October.
Finastra Delivers Next-Generation Payments Technology on Microsoft Azure
- 8 years 9 months ago
- Payments
Finastra is bringing its next-generation payments solutions to the cloud via Microsoft Azure, Microsoft’s enterprise-ready trusted cloud platform. The move enables Finastra to deploy value-added services to clients more efficiently. Banks will benefit from streamlined onboarding, as well as faster access to new products and upgrades.
FICO Doubles the Power of Cybersecurity Score to Predict Breaches
- 8 years 9 months ago
- Security
Silicon Valley analytics firm FICO today announced that the latest version of its FICO® Enterprise Security Score is twice as accurate at predicting a data breach as the previous model, and more than four times as powerful as the best results claimed by competing solutions. The FICO Enterprise Security Score gives subscribers the ability to assess the forward-looking cyber breach risk of their organisation and their partners, and improves breach...
Nordic FinTech Giants SDC and Signicat Drive Dramatic Rise in Digital-only Mortgage Applications
- 8 years 9 months ago
- FinTech StartUps, Infrastructure
Signicat, the first and largest identity assurance provider in the world, and SDC, a full-service IT service partner for the financial sector in the Nordic countries, today announced that 83% of SDC’s Danish banking clients’ customers’ mortgage applications are processed wholly digitally. The fully digital process for application, approval and signing has reduced the time to complete the mortgage process from weeks to days — and sometimes, in...
SIA Launches "SIACHAIN", The New Infrastructure Based on Blockchain Technology
- 8 years 9 months ago
- Blockchain
SIA has designed and produced a new platform called “SIAchain” to support financial institutions, corporates and public administration bodies in developing and implementing, in a secure, protected way, innovative applications based on blockchain technology.
Accuity Enables Financial Crime Screening on Distributed Ledger Technology
- 8 years 9 months ago
- Payments, Compliance
Accuity, the leading provider of financial crime compliance, payments and know-your-customer (KYC) solutions, announced today that it has successfully integrated its financial crime screening solutions with Corda - R3’s financial grade distributed ledger technology (DLT) platform.
Access to Apple’s NFC Chip Could Spur New Growth in Mobile Access Control Credentials, IHS Markit Says
- 8 years 9 months ago
- Security, Infrastructure
44 Million Credentials Downloaded by 2021 Fewer than 1 million mobile credentials were downloaded by end users of mobile access solutions in 2016. However, this number is expected to increase rapidly during the next five years, reaching 44 million downloads by 2021.
Torstone Technology Expands Its Offering Into US Market
- 8 years 9 months ago
- Securities Services
Torstone Technology, a leading provider of post-trade securities and derivatives processing, today announces that Peel Hunt, an independent corporate broking, advisory and trading house focusing on mid & small-cap companies, is expanding its use of Inferno for its US business, Peel Hunt Inc.
Mendix Named a Leader Among Low-Code Development Platforms for AD&D Pros by Independent Research Firm
- 8 years 9 months ago
- Infrastructure
Mendix, the fastest and easiest platform to create and continuously improve mobile and web applications, announced today that Forrester Research has ranked the company as a Leader in “The Forrester Wave™: Low-Code Development Platforms for AD&D Pros, Q4 2017.” Si
AVIVA TO EXIT TAIWAN
- 8 years 9 months ago
- Insurance
Aviva plc (“Aviva”) today announces that it has agreed to sell its entire 49% shareholding in its joint venture in Taiwan, First Aviva Life (“Aviva Taiwan”) to Aviva’s joint venture partner, First Financial Holding Co. Ltd. (“FFH”). Following a strategic review of Aviva Taiwan, Aviva concluded that the business is not central to the group’s strategy to focus on markets where it can achieve scale and profitability or have a distinct...
IBM Introduces Industry Platform Designed Specifically for Insurers
- 8 years 9 months ago
- Insurance
IBM (NYSE: IBM) today announced it is building an industry-first insurance platform on the IBM Cloud that aims to improve the processes and economics for new product development, underwriting, and benefits delivery.
How Amazon, Google, Microsoft, And IBM Sell AI As A Service
- 8 years 9 months ago
- Artificial Intelligence
The tech giants with cloud computing businesses are using artificial intelligence offerings to distinguish themselves and win business. Alphabet, Amazon, and Microsoft have all discovered that the artificial intelligence they use to make their own products better can be turned into a service and sold to corporate customers as a value-added service on top of their booming cloud-computing businesses.
Mastercard and Carrefour Bring the Future of Automated Shopping to Life by Launching Innovative Scan&Go Service with Masterpass
- 8 years 9 months ago
- Payments
Carrefour Poland has launched its pioneering “Scan&Go” service embedded in its shopping application, which enables self-service product scanning as well as in-app payments with Masterpass, all in a customer’s own smartphone. The solution, designed to eliminate queues at cash registers and improve customer experience, has just concluded a pilot stage and is going to be gradually launched in Carrefour stores across Poland. Smartphones to...
Discover Introduces Apple Pay Rewards Feature
- 8 years 9 months ago
- Payments
Discover announced today that cardmembers now can redeem Cashback Bonus® for a statement credit through Apple Pay. Apple Pay is the easy, secure and private way to pay and Discover is the first major credit card issuer to offer the ability to redeem rewards after a purchase through Apple Pay.1
